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June 25, 2017, 01:51:15 PM |
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Monero
the anonymous coin has demonstrated a lot of resistance with all indications it is not ready to give up. Since Saturday, it has been fighting with Stratis over the bottom spot of the top 10.
It has been a seesaw affair with each digital currency dislodging the other four times in four consecutive days, making the battle intense.
Stratis’ lead is beginning to assume a commanding position and Monero may not be able to catch up. But in the crypto world, anything can happen over night.
The reality is that the latter has not been consistent for months now. Monero gradually declined from the sixth rank in April till it finally lost elite status last week.
Even though Stratis entered the top 10 with great zeal, it basically couldn't maintain the momentum along the line. Moreso, with the entry of the likes of BitShares and IOTA, the race has become intense, leaving the weak no other option but to fall down the ranks.
For now, Stratis is the tenth most valuable cryptocurrency in the world and Monero needs to prove what it is made of in order to take over.
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